Alan, a company pioneering prevention insurance, has secured a €480 million ($550 million) Series G financing round, valuing the firm at €5.5 billion ($6.3 billion). The round is led by Prosus, alongside existing investors Teachers’ Venture Growth and Index Ventures, and new investor Dara Holdings. The closing is subject to regulatory approvals from French financial authorities.
New Standard in Healthcare
This financing marks a major milestone in Alan's journey to transform healthcare from a reactive system to a proactive one focused on prevention, continuous care, and long-term health outcomes. According to the company, there is a unique opportunity to accelerate this shift with artificial intelligence.
Over the past decade, Alan has evolved from a health insurer into a pioneer of prevention insurance. The company integrates insurance, prevention, and care into a single experience, combining health coverage, care navigation, wellbeing services, and AI-powered health assistance.
Growth and Expansion Plans
With this new capital, Alan plans to accelerate expansion into several new countries, deepen its presence in existing markets including France, Belgium, Spain, and Canada, pursue acquisitions, and invest heavily in AI, healthcare services, and product innovation. In Q1 2026, Alan reached over €800 million in annual recurring revenue, grew 53% year-over-year, surpassed 1.1 million members, and is profitable in France.
Alan believes AI will fundamentally transform healthcare by making personalized prevention, navigation, and support available to everyone, potentially improving outcomes for millions while reducing long-term care costs.
Strategic Partnership with Prosus
Prosus brings expertise in scaling consumer platforms and a global network built over decades. Jean-Charles Samuelian-Werve, Co-founder and CEO of Alan, stated: "Health can’t wait, not for symptoms to get worse, not for a six-month appointment, not for the system to catch up. Yet that is exactly how healthcare works today. We believe great health is a universal right, and that prevention should be too. For ten years we have shown that technology can turn healthcare from reactive to proactive, helping people act early instead of reacting late. That is what prevention insurance is, and it’s the category we are building."
